María José Luengo-Prado
María José Luengo-Prado
Senior Economist and Policy Advisor

Research

email  Maria.Luengo-Prado@bos.frb.org

617-973-5914

website  Personal Website

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Publications

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Refereed journal articles

"Moving to a Job: The Role of Home Equity, Debt, and Access to Credit," with Y. Demyanyk, D. Hryshko, and B. Sorensen. 2017. AEJ: Macroeconomics 9(2), 149–181.

"House Price Growth when Children are Teenagers: A Path to Higher Earnings?" with Daniel Cooper. 2015. Journal of Urban Economics 86, 54–72.

"Time to Cook: Expenditure at Retirement in Spain," with Almudena Sevilla-Sanz. 2013. The Economic Journal 123 (569) 764–789.

"The Effect of Education on Risky Equity Holdings," with Dmytro Hryshko and Bent Sorensen. 2012. BE Journal of Economics Analysis & Policy (Contributions) 12(1): article 10.

"Childhood Determinants of Risk Aversion: The Long Shadow of Compulsory Education," with Dmytro Hryshko and Bent Sorensen. 2011. Quantitative Economics 2(1): 37–72.

"House Prices and Risk Sharing," with Dmytro Hryshko and Bent Sorensen. Journal of Monetary Economics 57(8): 975–987.

"The Wealth Distribution with Durable Goods." With Antonia Díaz. 2010. International Economic Review 51(1): 143–170.

"On the User Cost and Homeownership," with Antonia Díaz. 2008. Review of Economic Dynamics 11(3): 584–613.

"What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?" with Bent Sorensen. Review of Economics and Statistics 90(1): 65–80.

"Durables, Nondurables, Down Payments and Consumption Excesses." 2006. Journal of Monetary Economics. 53(1): 1509–1539.

"Consumption and Aggregate Constraints: International Evidence," with Joseph DeJuan. 2006. Oxford Bulletin of Economics and Statistics 68(1): 81–99.

"The Impact of Passenger Mix on Reported `Hub Premiums' in the U.S. Airline Industry," with Darin Lee. 2005. Southern Economic Journal 72(2): 372–394.

"Quality Competition in the U.S. Airline Industry: Are Passengers Willing to Pay More for Additional Legroom?" with Darin Lee. 2004. Journal of Air Transport Management 10(6): 377–383.

"Public Education, Communities and Vouchers," with Oscar Volij. 2003. Quarterly Review of Economics and Finance 43(1): 51–73.

Book Chapters

"The User Cost, Home Ownership and Housing Prices: Theory and Evidence from the US," with Antonia Díaz, in The International Encyclopedia of Housing and Home, Smith, S.J.; Elsinga, M.; Fox-O'Mahony, L.; Ong, S.E.; Wachter, S. editors, Elsevier, 2012.

"Homeownership: Economic Benefits," with Antonia Díaz, in The International Encyclopedia of Housing and Home, Smith, S.J.; Elsinga, M.; Fox-O'Mahony, L.; Ong, S.E.; Wachter, S., ed.. Elsevier, 2012.

"A Penny Saved is Mobility Earned: Advancing Economic Mobility through Savings," with Reid Cramer, Rourke O'Brien, and Daniel Cooper. 2009. A Report for PEW's Economic Mobility Project.

"Comparative Service Consumption in Six Countries," with Kalwij, A., S. Machin, L. Blow, M. van Deelen, F. Gardes, J. Ruiz- Castillo, J. Schmitt, and C. Starzec, inServices and Employment: Explaining the U.S.-European Gap, W. Salverda, R. Schettkat, and M. Gregory, ed. 2007. Princeton University Press. 109–140.

Working papers

"Sectoral Inflation and the Phillips Curve: What Has Changed since the Great Recession?" with Nikhil Rao and Viacheslav Sheremirov. FRB Boston Current Policy Perspectives, paper no. 17-5 (2017).

"The Local Aggregate Effects of Minimum Wage Increases" with Daniel Cooper, and Jonathan A. Parker. FRB Boston Working Papers Series, paper no. 17-18 (2017).

"Monetary Policy and Regional House-Price Appreciation" with Daniel Cooper, and Giovanni P. Olivei. FRB Boston Working Papers Series, paper no. 16-18 (2016).

"Household Formation Over Time: Evidence from Two Cohorts of Young Adults" with Daniel Cooper. FRB Boston Working Papers Series, paper no. 16-17 (2016).

"The Credit Card Debt Puzzle: The Role of Preferences, Credit Risk, and Financial Literacy" with Olga Gorbachev. FRB Boston Working Papers Series, paper no. 16-6 (2016).

"Moving to a New Job: The Role of Home Equity, Debt, and Access to Credit" with Yuliya Demyanyk, Dmytro Hryshko, and Bent E. Sørensen. FRB Boston Working Paper Series, paper no. 16-1 (2016)

"Household Formation Over Time: Evidence from Two Cohorts of Young Adults" with Daniel Cooper. FRB Boston Current Policy Perspectives No. 15-4 (2015).

"The Rise and Fall of Consumption in the '00s," with Yuliya Demyanyk, Dmytro and Bent Sørensen. FRB Boston Working Papers Series, paper no. 15-12 (2015).

"House Price Growth When Children are Teenagers: A Path to Higher Earnings?" with Daniel Cooper. FRB Boston Current Policy Perspectives No. 14-13 (2014).

"Labor Market Exit and Re-Entry:  Is the United States Poised for a Rebound in the Labor Force Participation Rate?" with Daniel Cooper. 2014. Current Policy Perspectives 14-2, Federal Reserve Bank of Boston.